NFP had a lot of people fooled in what is a wave B decline. This wave went pretty low but remember that waves tend to extend during big news events. The following rally looks like a start of an impulsive wave which would be wave 1 of C. Next week will be interesting since we could start the week with a wave 3 of C rally.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.